Fist off i want to say the BP forum is amazing it has alot of posts that have answered my questions so thankyou.I want to start of by saying im self emplyed and i work full time earning good money, with my job i can s...
hi -- i've got a rental property I purchased this year -- I know for depreciation I have to pull out the land value -- is there any set way of doing that? can I just estimate about 20% of the purchase price?
Greetings all,
I am new to the bigger pockets community, Hi! I am curious to know your opinions on the best type of loans for a BRRRR. I plan to be pre-approved before house hunting to understand my budget. Wish I h...
My wife and i are currently living in one side of a House Hack in Worcester, MA (about an hour west of Boston) and have access to 125k HELOC. We recently had our first child and are planning on moving into a single fa...
Commercial real estate lenders calculate interest on loans in three ways:✔️ 30/360✔️ Actual/365 (aka 365/365)✔️ Actual/360 (aka 365/360)Real estate underwriters should be aware of these 3 methods and understand which ...
Hello everyone! I am relatively new real estate investing but have done my fair share of researching and am now looking to start up my business centered around wholesaling then work my way up to Fix & Flips, Holds...
I’m trying to determine my Building basis for depreciation.
Should I use the lower of appraisal cost vs county tax assessor? Or does the IRS favor one over the other?
My appraisal cost gives a lower percentage to b...
I have ran across individuals who flip houses and am curious as to what techniques they use for tax filings when they are not incorporated under an LLC or S corporation? When an individual purchases a property, how do...
Hello,
I have a question about the BRRRR method - actually, it may not be about the BRRRR method, but rather the best method to finance single family homes (SFH) used for rental purposes. Here is my situation:
- My...
Hey BP. Question for all my developers out there. Anyone currently using newer technology/material doing their new builds to become more eco friendly? I understand that there is a "green tax" since its not common prac...